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NNPC Reacts As Black Marketers Sell Petrol For N400/litre In Abuja

Posted by Thandiubani on Mon 14th Feb, 2022 -

NNPC said the oil firm is doing its best to ensure that there is enough petrol in the country.

The Nigerian National Petroleum Company Limited (NNPC) has broken its silence as price of petrol skyrocket due to fuel scarcity.
Recall that following the scarcity of petrol, black marketers in Abuja and neighbouring states of Niger and Nasarawa have started selling Premium Motor Spirit as high as N400/litre.
While some of them priced their petrol for as high as N6,000 for a 10-litre jerry-can, others sold theirs at N4,000 for 10 litres of PMS, translating to N400/litre.
The high cost of petrol by black marketers forced motorists to stay in long queues, while those who could not wait in the queues had to part with the costly sum for petrol.
Also, many filling stations in the FCT and in Nyanya, Mararaba communities in Nasarawa State were closed on Sunday.
In a chat with The PUNCH on Sunday, NNPC spokesperson, Garba-Deen Muhammad, said the oil firm is doing its best to ensure that there is enough petrol in the country.
Muhammad asked Nigerians to exercise patience with the company, stressing that normalcy will soon return to the country.
He added that a technical committee had been set up to look into the recall of the contaminated products and how they would be managed.
He said, “The first thing is to ensure that it is recalled and not in circulation. There are various ways of handling this kind of product, we will leave that to the technical committee that has been set up.
“This committee is drawn from MOMAN, DAPPMAN, downstream regulator, NNPC, and all stakeholders. They all have technical people and know the best way to handle this kind of product.”

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